A.M. Best to Discuss Health Product Innovations at AHIP Forum.OLDWICK, N.J. -- A.M. Best Co. representatives will be hosting an informational session titled "Health Care Industry Turning Point Drives Product Innovation," at America's Health Insurance Plans Business Forum 2005, set for Nov. 7-9 in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. . During the session, scheduled for Nov. 8, A.M. Best representatives will address future prospects for profitable growth and opportunities for building competitive advantages in the health insurance industry. In addition, a discussion focusing on changes in product mix and new risk exposures as strategies for combating the adverse effects of rising healthcare costs on marketplace development is planned. Forum attendees will also have the opportunity to speak with company representatives about A.M. Best's rating Best's rating A rating A.M. Best Co. assigns to insurance companies based on the company's ability to meet its obligations to its policyholders. methodologies and the benefits associated with having a Best's Rating. Information on the interactive rating process and how to request a rating will also be available. A.M. Best assigns Individuals to whom property is, will, or may be transferred by conveyance, will, Descent and Distribution, or statute; assignees. The term assigns is often found in deeds; for example, "heirs, administrators, and assigns to denote the assignable nature of financial strength and issuer credit ratings to insurance-related organizations and various alternative risk transfer vehicles, including captives. Ratings on long- long- Adverb (in combination) for or lasting a long time: long-established, long-lasting and short-term debt Short-term debt Debt obligations, recorded as current liabilities, requiring payment within the year. , structured finance, life securitization Securitization The process of creating a financial instrument by combining other financial assets and then marketing them to investors. Notes: Mortgage backed securities are a perfect example of securitization. May also be spelled as "securitisation. and other credit vehicles are also issued by the company to insurance-related organizations. Best's Ratings are recognized worldwide as the benchmark for assessing financial strength. Obtain additional information on Best's Ratings by speaking with an A.M. Best representative at the America's Health Insurance Plans fall forum, or by accessing www.ambest.com/ratings. To request information on applying for a Best's Rating, please call (908) 439-2200, ext. 5371 or e-mail ratings@ambest.com. More information about the conference is available at www.ahip.org. A.M. Best Co., established in 1899, is the world's oldest and most authoritative insurance rating and information source. For more information, visit A.M. Best's Web site at www.ambest.com. |
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